Downhill is much faster

It took less than 48 hours for LUNA and FTX to go from their prime to total wipeout in value. SVB, a much larger and traditional institution, saw their massive bank run and the eventual shutdown within roughly 48 hours. In this hyper networked world, anything of any scale can happen in 48 hours; seems … Continue reading Downhill is much faster

Don’t hate the VCs

Entrepreneurs – don’t hate the VCs or be jaded about them. I used to do a little bit of that too, but having a negative feeling doesn’t achieve anything productive. When you keep hearing the “no”‘s, it’s so easy to get jaded about the whole thing. I’ve been there. But the harsh truth is, it’s … Continue reading Don’t hate the VCs

AUM, TAM, and ATM

I had a very weird dream that I had to write down after waking up. It was a little skit, where an entrepreneur (not me!) was pulling a prank on a VC. Why pull a prank? Maybe he already closed the round and was determined to not take money from this particular VC and wanted … Continue reading AUM, TAM, and ATM